the regence group

Washington’s Insurance Commissioner Probes into Regence BlueShield

Mike Kreidler has launched a market conduct examination of Regence BlueShield and Asuris Northwest, following an investigation earlier this year
December 15, 2011 -- Mark Ganz, CEO and president of Cambia Health Solutions (formerly known as The Regence Group), isn’t out of the woods yet. Read More >>

CMS Fines Regence $100,000 for Medicare Violation

The board members of The Regence Group listed below represent the company’s four states – Oregon, Washington, Idaho and Utah
November 30, 2011 – The Centers for Medicare and Medicaid Services has imposed a $100,000 civil penalty against The Regence Group for failing to provide accurate information to its Medicare Advantage members. The Regence Group is the holding company for the company’s insurance products in Oregon, Washington, Idaho and Utah. Read More >>

An Open Letter From Regence

OPINION – November 22, 2011 -- Recent articles and blog postings have indicated some questions and confusion regarding our structure and recent internal capital movement. I hope the following will help clarify Read More >>

Regulators Didn’t Question $56 Million Payout by Regence BlueCross BlueShield

Five months before Regence asked for a 22.1 percent rate increase, the insurer paid a $56 million dividend to its holding company; some of those funds were used to launch Sprig Health
When state regulators approved a 12.8 percent rate increase for Regence BlueCross BlueShield earlier this year, they were aware that the insurer had dipped into its surplus account and given a $56 million dividend to its holding company just five months earlier. Read More >>

Washington Insurance Commissioner Conducts an Investigation of Regence BlueShield

Mike Kreidler brought together regulators from Oregon, Utah and Idaho to meet with Mark Ganz, CEO and president of The Regence Group, about system-wide problems that have impacted policyholders
October 27, 2011 -- When Mark Ganz, CEO and president of The Regence Group, met with Washington’s Insurance Commissioner, the message came across loud and clear – fix the system-wide problems that have led to a litany of complaints from policyholders. Read More >>

Regence BlueShield Shutting Down Subsidiary After Spending $19.3 Million

Known as Kinetix Living Corporation, Regence purchased the company for $15 million, and spent another $4.3 million trying to keep it alive
October 20, 2011 – Mark Ganz, president and CEO, of The Regence Group had nothing but praise when he announced the purchase of Kinetix Living Corporation last year. Read More >>
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